Commercial Real Estate

CommercialSaleMultifamilyFLMiami1400, 111th St, Miami, FL, 33161

Basics

  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Floors: 3
  • Lot size: 19180, 19180 sq ft
  • Year built: 1962
  • County: Miami-Dade
  • MLS ID: A11919179

Description

  • Description:

    32 52 42 .44 AC W137FT OF S165FT OF NE1/4 LESS N25FT FOR STREET LOT SIZE 19180 SQUARE FEET OR 18406-1972 1298 1 COC 25360-2467 01 2007 1 Prime North Miami 18-Unit Multifamily Asset

    Well-maintained three-story apartment building offering 18 income-producing units in a strong rental corridor near Biscayne Blvd, major retail, and public transit. The property consists of 12 spacious 2BD/1BA units and 6 1BD/1BA units, with significant upside in rents as current rates trail area averages.

    Property features include gated entry, a central courtyard with pool, and an on-site laundry room equipped with 2 washers and 2 dryers for additional income. Exterior walkways and two stair towers provide efficient access to all units. Stable tenant base and straightforward management make this an attractive opportunity for both new and seasoned investors.

    Strong value-add potential through interior upgrades, rent stabilization, and repositioning. Located minutes from Miami Shores, FIU Biscayne Bay Campus, and major employment centers.

    Show all description

Building Details

  • Building Name: 1400 NE 111th St
  • Structure Type: Apartment,MultiFamily
  • Water Source: Public
  • Sewer: Other
  • Construction Materials: Block
  • Covered Spaces: 0
  • Number Of Buildings: 1
  • Floor covering: , ,

Amenities & Features

  • Security Features: Fenced
  • Roof: Composition
  • Cooling: WallWindowUnits
  • Heating: WindowUnit,WallFurnace

Expenses, Fees & Taxes

  • Tax Annual Amount: $38,375
  • Tax Year: 2024

Miscellaneous

  • List Office Name: Canvas Real Estate
  • Listing Terms: Cash,Conventional

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This -type commercial real estate is located in 1400, 111th St, Miami, FL, 33161 was built in 1962, and is listed at $4,000,000.

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